AFTA: Turning the ASEAN Dream Into Reality. AFTA 2002 Symposium Jakarta, Indonesia January 31, 2002 John Parker President, ASEAN Operations Ford Motor Company. Sustained Investment Growth High Value-added Jobs and Strong Export Growth. ASEAN under AFTA. AFTA.
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AFTA: Turning the ASEANDream Into Reality
AFTA 2002 Symposium
January 31, 2002
President, ASEAN Operations
Ford Motor Company
Sustained Investment Growth
High Value-added Jobs and Strong Export Growth
The foundation of sustainability in the auto industryis global competitiveness, which is a functionof continued liberalization
Product DesignAnd Development
Stages of Liberalization
ASEAN Auto Growth… A Strong Recovery
Millions US ($)
Source: Press Reports
Reality: China’s Diverting Investment Dollars From ASEAN
38% ofAsia FDI
61% ofAsia FDI
Source: United Nations(Jan. 2002)
18% ofAsia FDI
9% ofAsia FDI
Unless AFTA is implemented for the auto industry on time in all countries, China will continue to attract more automotive FDI and will soon start to EXPORT.
AFTA: Turning the ASEAN DreamInto Reality